Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Also: Obama Twitter Hacker Ordered to Forfeit $5.3 Million Rashmi Ramesh (rashmiramesh_) • November 20, 2025 Image: Shutterstock Information Security Media Group provides a weekly overview of cybersecurity incidents in the digital asset sector. Recently, the co-founders of Samourai Wallet and…
In a notable case of cybercrime, Graham Ivan Clark, an 18-year-old from Florida, has pleaded guilty to charges related to the hacking of numerous high-profile Twitter accounts last summer, a scheme that exploited social media for a large-scale cryptocurrency scam. The outcome of the plea deal includes a three-year prison…
In a significant cybersecurity case, multiple defendants have been implicated in a fraudulent scheme that exploited U.S. employment practices to benefit foreign IT workers, including those in North Korea. The individuals involved facilitated identity fraud, allowing these workers to secure jobs at numerous U.S. companies unjustly. The total estimated earnings…
Fraud Management & Cybercrime, Fraud Risk Management, Regulation Regulatory Pressure Needed for Meta to Address Revenue from Fraudulent Activities Suparna Goswami (gsuparna) • November 14, 2025 (Image: Shutterstock) What would prompt a business to curtail a revenue stream known to exploit its customers? Typically, ethical considerations drive companies to safeguard…
Scam networks across Southeast Asia have reportedly siphoned billions in stolen funds from victims worldwide, prompting United States law enforcement to act decisively against these operations. Authorities have issued warrants to seize Starlink satellite internet terminals, believed to be providing critical connectivity to cybercriminals. Two warrants and their respective affidavits,…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Also: Samourai Wallet Founder Sentenced, $128M Balancer Hack Analysis Rashmi Ramesh (rashmiramesh_) • November 13, 2025 Image: Shutterstock Each week, Information Security Media Group compiles cybersecurity incidents involving digital assets. This week’s highlights include the sentencing of the “Bitcoin Queen,” the…
BitMart, a cryptocurrency trading platform, has recently announced a significant security incident attributed to a compromised private key, facilitating the theft of over $150 million in various digital currencies. The breach reportedly affected two of BitMart’s hot wallets operating on the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The…
In a significant development, the U.S. Department of Justice (DoJ) announced the recovery of 63.7 bitcoins, valued at approximately $2.3 million. This amount was previously paid by Colonial Pipeline to DarkSide ransomware attackers on May 8, under a seizure warrant issued by the Northern District of California. The recovery represents…
In a significant cybersecurity incident, the FBI has revealed that in 2023, an individual named Martin sought to align himself with the notorious BlackCat ransomware group. This group is known for providing a comprehensive malware service, including access to sophisticated ransomware code and a dark web infrastructure, in exchange for…
